Monday, 28 May 2018

STOCK CASH TIP FOR 29 MAY 2018


BUY KIRIINDUS ABOVE 540 TGT 555/610 SL 510
Sensex closed higher by 240 points, or 0.69%, to 35,165, while the Nifty  rose 83 points, or 0.79%, to close at 10,688. Sensex and  Nifty  gained for a third straight day on Monday following a decline in oil prices and easing geopolitical tensions. oil marketing companies and aviation companies were trading higher after crude oil prices fell. Indian Oil Corp rose 7%, Hindustan Petroleum Corp 7%, Bharat Petroleum Corp Ltd 5%. Among Aviation companies, SpiceJet Ltd rose 6%, Jet Airways India Ltd 5%, InterGlobe Aviation Ltd rose 3%.Sun Pharmaceuticals Industries Ltd shares rose 4% to Rs484. Manpasand Beverages Ltd shares slumped 20% to Rs344. Bank of Baroda shares up 1% after Q4 earnings. Bafna Pharmaceuticals Ltd rose 4.89% to Rs24.65, Lovable Lingerie Ltd shares fell 11.43% to Rs155,GNA Axles Ltd shares surged 11.58% to Rs551, Mangalam Drugs and Organics Ltd shares plunged 11.52% to Rs123.
GLOBAL MARKET:
Asian stocks and US share futures gained on signs the US and North Korea were still working towards holding a summit. MSCI’s broadest index of Asia-Pacific shares outside
Japan rose 0.2%. Japan’s Nikkei lost steam to trade flat and the broader Topix dipped 0.2%.South Korea’s KOSPI rose 0.7%, buoyed by stocks which are seen as benefitting from a further thawing in tensions with Pyongyang. US S&P500 mini futures rose 0.4% in Asian trade, but market holidays in the world’s two biggest financial centres—London and New York—could make trading slow and illiquid for the day.
TOP GAINERS:
Company
Group
Current Price
% Change
PG Electroplast Ltd.
B
264.35
+ 20.00
Spicejet Ltd.
B
122.45
+ 19.99
Kiri Industries
B
544.70
+ 18.27
AksharChem (India)
B
654.30
+ 14.57
Sarda Energy & Miner
B
429.35
+ 13.24
BLS International Se
B
194.70
+ 12.48
Jindal Poly Films
B
233.05
+ 11.83
Sharda Motor Ind
B
2,259.00
+ 11.43
GNA Axles
B
546.00
+ 10.57
 TOP LOSERS:
Company
Group
Current Price
% Change
Manpasand Beverage
B
344.80
-20.00
Nandan Denim
B
105.50
-14.19
Mangalam Drugs
B
121.95
-12.33
Lovable Lingerie Ltd
B
154.10
-11.94
Zuari Agro Chemicals
B
373.05
-7.36
Bella Casa Fashion &
B
168.00
-7.13
Monte Carlo Fashions
B
497.70
-6.32
VRL Logistics Ltd.
B
365.75
-6.31

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